Archives

Feb
1
2017

Maersk Drilling takes delivery of fourth ultra-harsh environment rig

Maersk Drilling took delivery of its fourth XL Enhanced jack up drilling rig, the Maersk Invincible, from Daewoo Shipbuilding and Marine Engineering. It’s the fourth ultra-harsh environment jack up rig for the Maersk fleet. …read more Source: Oil Gas Journal   

Jan
31
2017

Shell selling some North Sea assets, Thailand field

Royal Dutch Shell PLC announced a series of transactions involving the sale of oil and gas assets in the UK North Sea and Thailand worth a total of nearly $5 billion. …read more Source: Oil Gas Journal   

Jan
31
2017

Waitsia extended production test better than expected

Sydney-based AWE Ltd. has reported that preliminary results from the two wells under extended production test at Waitsia gas-condensate field in licenses L1/L2 in the onshore north Perth basin of Western Australia have exceeded pre-production expectations. …read more Source: Oil Gas Journal   

Jan
31
2017

Beach increases drilling activity for 2017

Adelaide company Beach Energy Ltd. has expanded its proposed drilling program for financial-year 2017 to 16 operated wells and up to 42 nonoperated wells following record half-year production plus success in the field and cost efficiencies. …read more Source: Oil Gas Journal   

Jan
30
2017

Appraisal set for field off Philippines

A subsidiary of Nido Petroleum Ltd., Perth, will drill an appraisal well aimed at extending the productive life of Galoc oil field on Block C1 of Service Contract 14 offshore the Philippines. …read more Source: Oil Gas Journal   

Jan
30
2017

EP Energy, Wolfcamp Drillco enter Permian drilling JV

A subsidiary of EP Energy Corp., Houston, has entered into a drilling joint venture with private capital investor Wolfcamp Drillco Operating LP to fund future crude oil and natural gas development in its Wolfcamp program in the Permian basin. …read more Source: Oil Gas Journal   

Jan
30
2017

Perry pledges strong support for DOE, energy research efforts

Former Texas Gov. Rick Perry (R) praised the US Department of Energy’s research programs, said he would try to protect their funding, and repudiated his call as a 2012 presidential candidate for DOE’s elimination during the US Senate Energy and Natural Resource Committee’s hearing on his nomination to be US Energy Secretary. …read more Source: […]

Jan
27
2017

BHI: US rig count up 17, surpasses 700 mark

The US drilling rig count increased by 17 during the week ended Jan. 27 to 712 active units, according to data collected by Baker Hughes Inc. The overall rise continues to reflect a resurgence in units targeting crude oil, drilling horizontally, and based in the Permian basin. …read more Source: Oil Gas Journal   

Jan
27
2017

Liza to flow at 100,000 b/d, ExxonMobil official says

ExxonMobil Corp.’s giant Liza discovery will have an average production of 100,000 b/d of oil when it begins flowing in 2020 according to the company’s Country Manager Jeff Simons. It also expects to produce 165 MMscfd of natural gas that will be mainly used for reinjection into the wells. …read more Source: Oil Gas Journal […]

Jan
27
2017

Range Resources completes three North Louisiana extension gas wells

Range Resources Corp. has completed three wells in the extension area of North Louisiana, south of Terryville. The three wells were drilled on the north, east, and west sides of Vernon field. Each encountered natural gas in multiple zones across the Upper and Lower Red intervals. …read more Source: Oil Gas Journal   

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